Great Qtr!I think the qtr was great from a shareholder pov...rev of $26M and earnings of $6.5M..net $3.9M...and eps of 0.03.....and ending the qtr with $142M of cash and s/t inv....all on 120M s/o....What is there not to like?
Avg. volume seems to be picking up slowly(this stat. can mean any and everything)...but with the cash on hand and paying out 0.04cts a qtr dividend this company seems to my eyes under-valued but I am sure not over-looked by anybody....the SR is icing on this cake....would not be surprised by a "special dividend" and then an offer....but as others have stated any shareholder would have already done their homework here and placed their bets....if my timing was perfect then I would have shares below $3.00...unfortunately my timing is not perfect but once the pot is stirred I have had more than enough time to bring my avg down to a very respectable level that will allow a nice capital gain if an offer is made or just take the dividend for awhile and wait things out....the BT Patents are very intriquing and combining this with the news of suing Netflix which is all about video streaming,this might be very important for us and Netflix....this case might be one for a settlement since a total loss for Netflix might not be worth the risk....just my opinion not knowing how the BT patents apply to Netflix business model...but must be important or Wi-Lan would not be going to the trouble and expense of suing!
Patents seems to be all about risk/reward for those who use them without paying the inventor knowingly....Wi-Lan seems to be making the case that everybody can share in the invention...once the inventor is recognized somehow(secret agreements)....hence the partnerships ideal.
Just a few words while waiting/holding here....look forward to reading/seeing some upgrades soon. Can not really add anymore to the discussion here....the company seems to me to be running fine....remembering this is a patent licensing firm. $3.36
GLTA